OMAI GOLD MINES CORP (OMG.CA) Stock Technical Analysis
TSX-V:OMG - CA6820431048 - Common Stock
0.92 CAD
-0.04 (-4.17%)
Taking everything into account, OMG scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, OMG has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that OMG is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by OMG over the past year are nicely spread over this period.
OMG is one of the better performing stocks in the Metals & Mining industry, it outperforms 96% of 803 stocks in the same industry.
OMG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month OMG has a been trading in the 0.75 - 0.97 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
OMG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.48
0.93
When analyzing the support we can see 4 important areas.
- Support @0.92 from a trend line in the daily time frame.
- Support @0.84 from a horizontal line in the daily time frame.
- Support @0.57 from a trend line in the daily time frame.
- Support @0.48 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for OMG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OMG.CA is up. |
| ChartMill Relative Strength | 98.42 | POSITIVE | OMG.CA has a high relative strength, it outperformed 98.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OMG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OMG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OMG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.95 | NEUTRAL | The RSI value for OMG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests OMG.CA has a negative trend. |
| Stochastics (14,3) | 66.14 | NEUTRAL | The Stochastics value for OMG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.03 | HIGH VOLATILITY | The high ATR as a percentage value for OMG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 53.82 | POSITIVE | The high ADX value value for OMG.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.99 | 0.91 | 0.07 (7.61%) | 13.13% |
| An entry @0.98. This is a Buy Stop order right above the 10 day high. | An exit @0.91. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.07 points, which is 7.61%. | For a 1.00% total portfolio risk, you can invest 13.13% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:OMG (8/29/2025, 7:00:00 PM)
0.92
-0.04 (-4.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-4.17%
1 Week4.55%
2 Weeks3.37%
1 Month19.48%
3 Month73.58%
6 Month162.86%
12 Month475%
2 Year1944.44%
3 Year1214.29%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%5.03%
ATR Inc41.18%
Range Today0.07
ADR(20)0.05
ADR(20)%4.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.42
Mansfield11.14
10 Day High0.98
10 Day Low0.85
20 Day High0.98
20 Day Low0.75
52 Week High0.98
52 Week Low0.14
CS1 End0.92
CR1 StartN/A
Volume & EV
DER(3)-4.2%
DER(5)-2.77%
Volume975.11K
Volume Incr37.45%
Vol(5)1.27M
Vol(50)843.10K